Bitcoin rose in the new ranking of crypto from China

[Paha87]

China center of information and development of industry released the first update the rating with a rating of 34 of cryptocurrency in 2019. Bitcoin rose compared to the previous estimate, and the top two positions remained unchanged.

The center for information and industry development (CCID) under the Ministry of industry and information technology of China recently published its ninth update of the rating of crypto projects. The center noted that this is the first update this year, and 34 crypto projects have been evaluated, which has not changed compared to the number estimated in December.

The latest update put BTC at 15th place, lifting it from 18th place in the previous month's ranking. BCH rose from 30th to 28th place.

"The results of the assessment show that EOS and Ethereum still firmly occupy the top two [positions] in the list," the Center stressed, adding that the Constantinople update to the Ethereum network is expected to be taken into account in the next evaluation cycle.

In the latest Ethereum Classic ranking dropped from 15th to 19th place, which the Center commented:

Ethereum Classic has undergone a sustained 51 Attack, causing widespread concern, and the security of the public network will remain an important issue that hinders future development.

All 34 of the cryptocurrency have also been ranked in three separate categories: basic technology, application and creativity. According to CCID:

The average value of the core technology index has decreased compared to the previous period", but the applicability index remains approximately unchanged. Moreover, the average value of the creativity index is much lower than in the previous period. Due to the impact of Christmas, the code update activity in most public networks has decreased significantly, resulting in a significant decrease in the innovation sub-index compared to the previous period.

As China has a rating of cryptocurrency

The CCID describes itself as"a first-class research institution directly managed by the Ministry of industry and information technology of China".

On may 11 last year, shortly before the publication of the first rating, the center held a Symposium on the evaluation of public blockchain technologies in Beijing and published the latest results of the work on the evaluation of crypto projects carried out by the CCID research Institute (Qingdao).

Interesting: the first cryptocurrency ranking from CCID

The centre added that the work had been done in collaboration with several parties, such as the CCID think tank and the Chinese software evaluation centre. "The result of this assessment will allow the CCID group to provide the best technical consulting services for government agencies, enterprises, research institutes and technology developers," the Center explained at the time.

LINK - https://altstake.io/news/bitkoin-podnyalsya-v-novomreytinge-kriptoiz-kitaya